Logo

CRM

Salesforce, Inc.

CRM

Salesforce, Inc. • NYSE
$230.66 ▲ 1.10% (+2.51)
Market Cap $220.86 B
52w High $369.00
52w Low $221.96
Dividend Yield 1.65%
P/E 33.48
Volume 3.63M
Outstanding Shares 957.51M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $10.236B ▲ $5.658B ▲ $1.887B ▲ 18.435% ▲ $1.97 ▲ $3.223B ▲
Q1-2026 $9.829B ▼ $5.622B ▼ $1.541B ▼ 15.678% ▼ $1.61 ▼ $2.749B ▼
Q4-2025 $9.993B ▲ $5.956B ▲ $1.708B ▲ 17.092% ▲ $1.78 ▲ $2.995B ▲
Q3-2025 $9.444B ▲ $5.446B ▲ $1.527B ▲ 16.169% ▲ $1.6 ▲ $2.763B ▼
Q2-2025 $9.325B $5.383B $1.429B 15.324% $1.48 $2.789B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $15.372B ▼ $97.573B ▼ $36.245B ▼ $61.328B ▲
Q1-2026 $17.408B ▲ $98.61B ▼ $37.944B ▼ $60.666B ▼
Q4-2025 $14.032B ▲ $102.928B ▲ $41.755B ▲ $61.173B ▲
Q3-2025 $12.757B ▲ $91.395B ▼ $32.87B ▼ $58.525B ▲
Q2-2025 $12.636B $92.18B $34.547B $57.633B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $1.887B ▲ $740M ▼ $1.165B ▲ $-2.503B ▲ $1.026B ▼ $605M ▼
Q1-2026 $1.541B ▼ $6.476B ▲ $-1.567B ▲ $-2.92B ▼ $2.08B ▲ $6.297B ▲
Q4-2025 $1.708B ▲ $3.97B ▲ $-2.936B ▼ $-73M ▲ $851M ▲ $3.816B ▲
Q3-2025 $1.527B ▲ $1.983B ▲ $-217M ▼ $-1.446B ▲ $315M ▲ $1.779B ▲
Q2-2025 $1.429B $892M $2.641B $-5.802B $-2.276B $755M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Integration And Analytics
Integration And Analytics
 $1.31Bn ▲$1.72Bn ▲$1.54Bn ▼$1.52Bn ▼
Marketing and Commerce Cloud
Marketing and Commerce Cloud
 $1.33Bn ▲$1.36Bn ▲$1.32Bn ▼$1.36Bn ▲
Professional Services and Other
Professional Services and Other
 $560.00M ▲$540.00M ▼$530.00M ▼$550.00M ▲
Sales Cloud
Sales Cloud
 $2.12Bn ▲$2.13Bn ▲$2.13Bn ▲$2.27Bn ▲
Salesforce Platform and Other
Salesforce Platform and Other
 $1.82Bn ▲$1.92Bn ▲$1.96Bn ▲$2.08Bn ▲
Service Cloud
Service Cloud
 $2.29Bn ▲$2.33Bn ▲$2.33Bn ▲$2.46Bn ▲

Five-Year Company Overview

Income Statement

Income Statement Salesforce’s revenue has grown strongly and steadily over the past several years, and profitability has improved meaningfully along the way. Gross margins remain high for a software business, and operating profits have expanded as the company has become more disciplined on costs. Net income has been a bit choppy in earlier years, likely reflecting acquisitions and one‑time items, but the most recent periods show much healthier, more consistent earnings power. Overall, the income statement now reflects a mature, scaled software company with better margin control than in the past.

Balance Sheet

Balance Sheet The balance sheet looks solid and relatively conservative for a large software company. Total assets and shareholder equity have both climbed over time, showing that Salesforce has been building its asset base while also strengthening its capital position. Debt has increased compared with several years ago but has been stable recently and appears manageable given the company’s size and cash generation. Cash on hand is substantial, providing a cushion against shocks and flexibility for investment, though the company is no longer in a net‑cash, “debt‑free” posture as it once was.

Cash Flow

Cash Flow Salesforce’s cash generation is a clear strength. Operating cash flow has grown consistently, and free cash flow has followed closely behind, indicating that the business converts a large share of its accounting profits into actual cash. Capital spending needs are modest relative to the cash coming in, so the company has significant room to fund internal projects, acquisitions, and shareholder returns if it chooses. This strong and improving cash profile is a key underpinning of financial resilience.

Competitive Edge

Competitive Edge Salesforce holds a leading position in customer relationship management software, supported by deep product integration into customers’ daily workflows. High switching costs, a large ecosystem of third‑party apps, and an active user community give it a durable edge and help keep customers on the platform. Its broad suite of sales, service, marketing, commerce, and data products makes it a one‑stop shop for many enterprises. The main competitive risks come from large platform rivals and fast‑moving AI‑driven tools, which could pressure pricing or erode parts of its stack if Salesforce fails to keep pace.

Innovation and R&D

Innovation and R&D Innovation remains at the core of Salesforce’s strategy. The company is pushing hard into AI with Einstein, Einstein GPT, and Agentforce, embedding intelligence and automation across its cloud products. Hyperforce, Data Cloud, low‑code tools, and industry‑specific solutions show a focus on both technology depth and practical business use cases. The opportunity is to turn this innovation into higher customer value and stickiness, but the company must execute well in a crowded AI race and avoid over‑complexity that could slow adoption or inflate costs.

Summary

Salesforce today looks like a large, mature software platform with strong growth, improving profitability, and very robust cash generation. Its balance sheet is sound, with manageable debt and ample cash, and its core CRM franchise is protected by high switching costs and a rich ecosystem. The company’s future story is increasingly about AI, data, and industry‑specific solutions layered on top of its Customer 360 platform. Key things to watch are continued margin discipline, the pace and commercial impact of AI innovations, and how effectively Salesforce defends and deepens its position against powerful, well‑funded competitors.

NEWS

November 24, 2025 · 10:00 AM UTC

ISG to Study Salesforce Ecosystem Partners

Read more

November 19, 2025 · 9:00 AM UTC

Perficient and Swantide to Disrupt Traditional Salesforce Service Delivery with AI-First Partnership

Read more

November 18, 2025 · 8:00 AM UTC

Salesforce Completes Acquisition of Informatica

Read more

November 11, 2025 · 7:00 AM UTC

ShiftUp Announces ShiftUp AI Revenue Intelligence on Salesforce AppExchange

Read more

November 5, 2025 · 10:00 PM UTC

Salesforce Recognizes Katzion for Pioneering Online-to-Offline Retail Solution with Audi Singapore

Read more